You Too Can Be a Bezos Buddy: A Millennial's Guide to Buying Amazon Stock (Without Crying)
Let's face it, adulthood is expensive. Rent keeps going up, that avocado toast habit isn't getting any cheaper, and Bezos is rocketing around space while you're stuck on the struggle bus. But hey, there's a way to (potentially) join the billionaire astronaut club (minus the whole space travel thing) - by buying Amazon stock (AMZN for those in the know).
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| How To Purchase Shares Of Amazon |
Why Amazon?
Because Amazon is basically everywhere. Need a new spatula at 2 am? Amazon. Want a robotic vacuum cleaner to chase your cat around? There's an AmazonBasics option for that. The point is, Amazon is a juggernaut, and its stock price reflects that.
QuickTip: Save your favorite part of this post.
But Isn't Buying Stocks Scary?
Yes, and yes. The stock market can be a confusing rollercoaster ride, but fear not, intrepid investor! This guide will take you on a smooth journey (hopefully) from nervous newbie to semi-sophisticated stock owner.
Step 1: Find Your Investment Chariot (A.K.A. A Brokerage Account)
You wouldn't try to ride a horse to the grocery store, would you? No, you'd use a car (or maybe a self-driving Amazon delivery drone in the future). Similarly, you need a brokerage account to buy stocks. Think of it as your personal stock-buying spaceship. There are a bunch of online brokers out there, so do some research and pick one that has a good reputation, low fees, and a user-friendly platform that won't make you want to tear your hair out.
Tip: Pause if your attention drifts.
Step 2: Fund Your Spaceship (Because Even Spaceships Need Gas Money)
Now that you have your fancy new brokerage account, it's time to fuel it up. Transfer some cash from your bank account so you can actually buy some Amazon shares. Remember: Only invest what you can afford to lose. Adulting lesson #101.
Step 3: Engage Warp Drive (A.K.A. Buy Those Shares!)
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Find the Amazon stock listing (ticker symbol: AMZN) on your brokerage platform. Don't be intimidated by all the numbers and charts. Those can come later. For now, just focus on the glorious "buy" button.
QuickTip: Don’t skim too fast — depth matters.
Do I Buy a Whole Share or a Sliver?
Amazon stock is pretty pricey these days (like, private island pricey). The good news is that many brokers allow you to buy fractional shares. Basically, you can own a tiny slice of the Amazon pie without needing a small loan.
Step 4: Sit Back, Relax, and Maybe Check the News Once in a While
Tip: Check back if you skimmed too fast.
Investing is a marathon, not a sprint. Don't expect to get rich quick (unless you accidentally invent a teleportation device and sell it to Jeff Bezos). The key is to be patient and let your investment grow over time.
Bonus Tip: Don't Panic Sell!
The stock market has its ups and downs. There will be times when your Amazon stock looks like it's about to do a nosedive off the Empire State Building. Resist the urge to sell everything in a frenzy! Take a deep breath, and remember that even mighty Amazon can have a bad day.
Disclaimer: I am not a financial advisor, and this is not financial advice. This is just a friendly guide from one millennial to another. Do your own research before you invest, and remember, it's all about that sweet, sweet avocado toast money in the long run.
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